Foundations Must Pressure Companies on Climate Change

To the Editor:

Investors worldwide, including foundations, have lost hundreds of billions of dollars in the financial meltdown. Financial managers and Wall Street experts grossly underpriced the risk of volatile subprime investments. Many of these same managers assured us the party would last forever. The party never lasts forever; there is always a bill to pay. The next one is already looming on the horizon, and it could make the recent stock-market tumble look tame in comparison. It